Roblox Has Just Raised $150 Million From Investors, Hits 115M Monthly Active Users

Roblox Corporation, the makers of the extremely-popular custom game-making MMO Roblox, have just raised $150 million in their latest round of investor fundraising led by the Andreessen Horowitz investment firm. According to a press release, the company is also planning to open a tender offer of up to $350 million of common and preferred shares.

Roblox says that the funds will go towards increasing their playerbase which, according to Gamasutra, has hit 115 million monthly active users. “Roblox is one of those rare platform companies with massive traction and an organic, high-growth business model that will advance the company, and push the industry forward for many years to come,” says Andreessen Horowitz general partner David George.